Report on Shares Acquired under Share Repurchase Plan

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MTS PJSC the leading telecommunications provider in Russia and the CIS, announces that Stream Digital, LLC, the Company’s wholly-owned subsidiary, recently acquired 1,398,180 MTS shares of Common Stock (including shares of Common Stock represented by ADSs) representing 0.07% of share capital issued by MTS. Stream Digital, LLC purchased MTS shares of Common Stock (including shares of Common Stock represented by ADSs) under the Repurchase Plan announced on September 6, 2017.

Under Russian legislation, MTS is required to disclose any shares acquired by the Company or any of its subsidiaries. MTS will fully disclose the aggregate number of shares acquired during the period, what this represents in MTS’ share capital, as well as price paid, during its next quarterly disclosure.

Since the launch of the Repurchase Plan on September 6, 2017, Stream Digital has acquired 25,639,087 shares of Common Stock (including shares of Common Stock represented by ADSs) representing 1.28% of share capital issued by MTS. This includes shares of Common Stock acquired from Sistema Finance under a sale and purchase agreement concluded prior to the launch of the Repurchase Plan.

For further information, please contact in Moscow:
Joshua B. Tulgan
Director, Department of Corporate Finance and Investor Relations
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail: ir@mts.ru

Mobile TeleSystems the leading telecommunications group in Russia and the CIS, provides a range of mobile and fixed-line communications services. We serve over 100 million mobile subscribers in Russia, Ukraine, Armenia, Turkmenistan, and Belarus, and about 9 million customers of fixed-line services, including fixed voice, broadband internet, and pay-TV. To keep pace with evolving customer demand, MTS is redefining what telecommunications services are by offering innovative products beyond its core network-related businesses in various tech segments, including Big Data, financial and banking services, internet of things, OTT, cloud computing, systems integration and e-commerce. We leverage our market-leading retail network as a platform for customer services and sales of devices and accessories.
For more information, please visit: www.mtsgsm.com